21 Toorak Cres, Colac is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 741m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
The address is the first of the many impressive features this immaculately presented brick veneer home has to offer. Situated in a quiet street, just a stone's throw from Lake Colac, this home is in one of Colac's most tightly held locations.
You will instantly notice not only its street appeal, but also evidence from front to back of the love and care that has been tendered into this home. Everything is as neat as a pin with external roller shutters on the windows, new paintwork and quality curtains and blinds throughout.
The U-shaped main area of the home encompassed the living room with a gas log fire and split system and feature panel wall. Leading through the dining area and in turn to the kitchen. The laminate cabinetry has been beautifully maintained and comes complete with a Fisher and Paykel induction cooktop and wall oven.
All three bedrooms are well equipped with built in robes and room to move. The family bathroom has a separate shower and toilet and a statement timber vanity for storage.
The generous block has secure fencing, carport, double garage and workshop along with well-established gardens all within walking distance to Lake Colac, the Botanical Gardens, local primary school and IGA supermarket.
The property would also be ideally situated for long term capital growth, representing a solid investment opportunity for the savvy investor with an appraised rent return of $390-410 per week. We don't expect this little gem to be on the market long.
The size of Colac is approximately 37.5 square kilometres. There are 20 parks, covering nearly 2.3% of the total area. The population of Colac in 2016 was 9048 people. By 2021 the population was 9243 showing a population growth of 2.2% in the area during that time. The predominant age group in Colac is 60-69 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation.In 2021, 65.80% of the homes in Colac were owner-occupied compared with 66.60% in 2016.
Colac has 5,783 properties. Over the last 5 years, Houses in Colac have seen a 27.57% increase in median value, while Units have seen a 9.35% increase. As at 31 May 2026:
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